|
PureBytes Links
Trading Reference Links
|
That's ineteresting Haans. I actually get that impressions too. All the
motivation is gone for the top dawgs at Microsoft. What's left for them to
achieve? They're already the among the richest men in the world. Their
company is the largest in the world. They dominate and preside over an
empire that has grown faster than any business in the history. From a
wealth point of view, they have the respect and envy of everybody in the
world. I mean what's left? Gates can't get rid of his money fast enough.
I'm sure there are other shall we say outside pressures telling Gates to
dump some of his wealth. If he continued to persue wealth the way he has,
what he could achieve would be absolutely jaw dropping. I mean a billion
dollars to 1 charity? Please. And that's just a drop in the Gates well
of wealth.
But the breadth of wealth among regular employees is staggering too. A
mortagage broker acq. says that he processed the house papers for an MS
exec. Just the exec's regular monthly income, not counting any stock or
savings, was listed on the loan papers at 75K/mo. This guy was like a
product manager, not a a top executive. There's this other VP that used a
fraction of his MS wealth to buy a controlling stake in the Mariners. The
wealth building at MS is really out of control and has been for some time.
Just the regular employees that have been there for even the last 4 years
are cashing in mutliple checks worth 500-1x10^6 K. My banker friend says
that whenever somebody brings in a large check (>500K), almost always
either works for MS themselves or their husband works for MS. You should
see all the million dollar homes going up around here. And guess whose
buying them -- I'm told the majority are MS employees and some Amazon
people. Another friends says his kids really like it when their friend's
dad, an MS manager, comes to pick them up at football practice in his red
ferrari. And they really get excited when he brings the white one.
Anyway, what's left for them to achieve? They're already way way way over
the top.
-----Original Message-----
From: hans esser [SMTP:he96@xxxxxxxxxxxxxx]
Sent: Friday, September 24, 1999 6:16 AM
To: omega-list@xxxxxxxxxx
Subject: Re: Stock Market going to recover?
Balmer was in TODAYS listing of 400 richest men still at position 4 or
so...
...I hope HE dropped out of the list NOW ! <g> If he is tooo much bored
with his job, he can cut my lawn or look after my zebra
rgds hans
> Now that's like the commercial where the guy says he's stupid and the
self
> help group he's at say's nobody here is stupid Bob. Then he explains what
> he did and the group leader says'"now that was stupid Bob"......LOL
>
> Robert
>
> Jim Johnson wrote:
> >The Balmer statement reminded me that in 1929 an electric utility made a
> >new stock offering and in the prospectus actually said they expected no
> >one would buy the shares as they were so overpriced.
> >
> >Brian Massey wrote:
> >
> >> Weather or not stocks are overvalued is a matter of opinion, or what
> >> Ballmer's true intentions is conjecture too. Ballmer spoke and people
> >> listened. A lot of people probably believe that tech that traditional
> >> measured of vlauation are obsolete. There are a lot of people who
> >> probably believe that we're in a new era of economic prosperitu driven
> >> by unprecedented levels of productivity made possible by computers.
> >> You may not believe, but I'd bet there a lot of investors that do.
> >> This was a wake up call to those people. The bottom line ballmer
> >> spoke and people listened.
> >>
> >> Microsoft just boght Visio. How come they didn't do this "talking
> >> down' before buying them so they could buy them "cheap". Given the
> >> long term market env., I doubt any company that MS wanted to buy out
> >> would let themselves go "cheaply" even if their stock was temporarily
> >> depressed.
> >>
> >> -----Original Message-----
> >> From: Gwenael Gautier [SMTP:ggautier@xxxxxxxxxxx]
> >> Sent: Friday, September 24, 1999 2:04 AM
> >> To: 'omega-list@xxxxxxxxxx'
> >> Subject: AW: Stock Market going to recover?
> >>
> >> Of course everything is overvalued. Their biggest problems is
> >> competitors growing stronger. what a better way to fend this off buy
> >> buying them cheaply...? So they talk them down.
> >>
> >> Gwenn
> >>
> >> | -----Ursprungliche Nachricht-----
> >> | Von: Brian Massey [SMTP:bnm03@xxxxxxx]
> >> | Gesendet am: Friday, September 24, 1999 8:54 AM
> >> | An: 'omega-list@xxxxxxxxxx'
> >> | Betreff: RE: Stock Market going to recover?
> >> |
> >> | When the president of the #1 software company and the largest
company
> >> in | the world comes out and says that most companies in his industry
> >> are | rediculously overvalued, including his own, I think that's
> >> impetus enough | to cause a significant sell off. That's as good as
> >> saying, people | shouldn't buy our stock anymore because it's not
worth
> >> the price. He | (Ballmer) used to beleive in perfect markets but not
> >> anymore? That's | enough to make me sell. Plus it seems like a lot
of
> >> MS employees are | cashing in. My friend at the bank who deposits
> >> their checks is seeing a | lot of MS tracffic convert to cash. And
the
> >> checks are large. I don't | care though, up or down, as long it
moves.
> >> | | -----Original Message----- | From: Robert W Cummings
> >> [SMTP:robert.cummings@xxxxxxxxxxxxxxxx] | Sent: Thursday, September
23,
> >> 1999 10:12 PM | To: Omega-list@xxxxxxxxxx | Subject: Stock
> >> Market going to recover? | | | | Lots of negative press out about the
> >> stock market after today's reversal. | Any options on whether this was
> >> just a big break today and will be followed | by buying tomorrow or we
> >> in for another sizable correction? Nite S&P down | over 9 points bonds
> >> up strong. | Who was that Microsoft guy or mask man today geezer. | |
> >> Robert
> >
> >
>
|